what is inflation?

Answer Posted / pranay

price of products and services increases is called as
inflation

Is This Answer Correct ?    13 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)

2292


What is the journal entry for Call and a Put option both in the books of buyer and seller

9355


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

1870


Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

1565


what is the nature of bill receivable and consignmenta/c

1996






in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)

1657


How are fund-raising and publicity and management and administration costs apportioned over funds?

1494


someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2055


difference between vat 47 & vat 49

2716


Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

1497


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

6582


honararium for the month of march 2013 can be paid on 31 mar 2013

1666


WHAT IS CORPORATE ACTION?

1623


wages posted twice what is the entry for that?

1927


What is a Balance Sheet & Profit & Loss Account?

1499